{"data":{"id":"us-tx/tex.-business-commerce-code-56.057","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 56.057","heading":"ALLOCATION OF RISK PERMITTED.","body":"An obligor or a primary obligor may not prohibit a contingent payor from allocating risk by means of a contingent payment clause.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 4.001(a), eff. September 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 4. BUSINESS OPPORTUNITIES AND AGREEMENTS","CHAPTER 56. AGREEMENT FOR PAYMENT OF CONSTRUCTION SUBCONTRACTOR","SUBCHAPTER B. CONTINGENT PAYMENT CLAUSE"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.56.htm#56.057","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"b7ff7986dd0b6bde46cdfa6db60d7ebec2d0b99a9c9b782694af17673ec4466e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-56.056","next":"us-tx/tex.-business-commerce-code-57.001"},"notice":"GroundRules: Original legal text. Not legal advice."}